overimprovement

overimprovement definition - business

overimprovement

Development that is too valuable for the parcel of land on which the development occurs. For example, building an upscale shopping mall in a blighted district where land is cheap.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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